Thursday, December 16, 2010

ChinaGaoxian

ChinaGaoxian: Update on KDR listing. 600m new shares will be offered underlying 30m KDRs, of the proportion 20 shares to 1 KDR. The offering will be to investors in Korea, 20% to public and 80% to institutions...

Public offering to take place around Jan 2011, issue price to be determined. Declared interim dividend for 31 Dec 2010 of 0.5c per share payable on 24th Jan. Record date for dividend on 11 Jan, 5pm.

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